5+ Days Ago
Highlights
- Card operated laundry facility
- Professional services
- Large living room
Location
120 Prospect St, Bellingham, WA 98225, USA|Lettered Streets
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Property Overview
Prospect Building - Res offers strong overall quality with an expert rating of 8.6/10, highlighted by outstanding price value (10/10), top-tier amenities (9/10), and a convenient location (9/10) near highly rated middle and high schools less than half a mile away. Renters can expect card-operated laundry, professional services, and a large living room, along with above-average value for money and value per square foot compared to other properties in the area, supported by a solid trustworthiness rating of 8/10.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Less expensive
- High school nearby
Floor plans
| 3BR/2.0BA | 3 bed | 2 bath | 1,200 sqft | $2,200 /mo | 1 unit available | Located in the core of arts district of Downtown Bellingham, the Historic Prospect Building is centrally located among many Downtown Bellingham iconic merchants, restaurants, and professional services. Because this apartment is located about retail businesses, some noise transference is to be expected. Three bedroom apartment with a large living room and kitchen. One bedroom has it's own bathroom. Tenant pays electricity. There is a card operated laundry facility in the building. Parking permits depending on availability for a monthly fee. Lease term runs from April 6, 2026 through March 31, 2027. Please note the apartments in this building are only accessible via stairs. MOVE IN COSTS: + $100 Administrative Processing Fee + First month’s rent + Last month’s rent + Security Deposit Sorry, we do not allow pets in any of our units. If you would like to schedule a showing, or discuss other suitable units available, please email Shannon at **** or call 360-734-6600 ex. 2. |
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Amenities for Prospect Building - Res
Apartment Amenities
| Gas | Water |
Appliances
| Range | Refrigerator |
| Stove |
Building
| Sewer |
Services
| Garbage | Recycling |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 4 |
|---|
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About Prospect Building - Res
Located in the core of arts district of Downtown Bellingham, the Historic Prospect Building is centrally located among many Downtown Bellingham iconic merchants, restaurants, and professional services. Because this apartment is located about retail businesses, some noise transference is to be expected. Three bedroom apartment with a large living room and kitchen. One bedroom has it's own bathroom. Tenant pays electricity. There is a card operated laundry facility in the building. Parking permits depending on availability for a monthly fee. Lease term runs from April 6, 2026 through March 31, 2027. Please note the apartments in this building are only accessible via stairs. MOVE IN COSTS: + $100 Administrative Processing Fee + First month’s rent + Last month’s rent + Security Deposit Sorry, we do not allow pets in any of our units. If you would like to schedule a showing, or discuss other suitable units available, please email Shannon at **** or call 360-734-6600 ex. 2.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.6
/10
Very GoodWith a solid 8.6 out of 10 overall, Prospect Building - Res is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Prospect Building - Res has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Prospect Building - Res offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Prospect Building - Res goes above and beyond to provide sought-after conveniences and desirable perks, including garbage. Renters looking for popular or luxurious features will find them here—and for that reason, Prospect Building - Res receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Prospect Building - Res is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Prospect Building - Res does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How Prospect Building - Res compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 308 sqft larger than other listings nearby
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- High school nearby
- There is a high school 0.4 mile away
- Middle school nearby
- There is a middle school 0.4 mile away
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Lacks images
- Fewer than 10 photos available for this location
- Oven not listed
- In-unit oven not included in listing
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Rent trends in Lettered Streets
3-bedroom apartments at Prospect Building - Res cost about 23% less than the average rent price for 3-bedroom apartments in Lettered Streets.
Median rents as of May 9 2026.
Lettered Streets
Bellingham
| Month | Median Rent |
|---|---|
| May 2024 | $1,315 |
| June 2024 | $1,318 |
| July 2024 | $1,325 |
| August 2024 | $1,307 |
| September 2024 | $1,335 |
| October 2024 | $1,320 |
| November 2024 | $1,312 |
| December 2024 | $1,326 |
| January 2025 | $1,325 |
| February 2025 | $1,342 |
| March 2025 | $1,348 |
| April 2025 | $1,366 |
| May 2025 | $1,395 |
| June 2025 | $1,395 |
| July 2025 | $1,395 |
| August 2025 | $1,392 |
| September 2025 | $1,352 |
| October 2025 | $1,361 |
| November 2025 | $1,347 |
| December 2025 | $1,346 |
| January 2026 | $1,382 |
| February 2026 | $1,389 |
| March 2026 | $1,396 |
| April 2026 | $1,400 |
| May 2026 | $1,437 |
| Month | Median Rent |
|---|---|
| May 2024 | $1,275 |
| June 2024 | $1,305 |
| July 2024 | $1,274 |
| August 2024 | $1,273 |
| September 2024 | $1,318 |
| October 2024 | $1,315 |
| November 2024 | $1,270 |
| December 2024 | $1,300 |
| January 2025 | $1,300 |
| February 2025 | $1,350 |
| March 2025 | $1,315 |
| April 2025 | $1,356 |
| May 2025 | $1,375 |
| June 2025 | $1,391 |
| July 2025 | $1,392 |
| August 2025 | $1,394 |
| September 2025 | $1,376 |
| October 2025 | $1,237 |
| November 2025 | $1,300 |
| December 2025 | $1,328 |
| January 2026 | $1,305 |
| February 2026 | $1,305 |
| March 2026 | $1,282 |
| April 2026 | $1,274 |
| May 2026 | $1,298 |
Affordability calculator
Can I afford to live at 120 Prospect St?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$88,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $88,000 annually to afford this 3-bedrooms monthly rent price of $2,200.
For more information on rent affordability, visit our rent calculator.
Schools near Prospect Building - Res
Parkview Elementary School
3030 cornwall ave
bellingham, WA, 98225
PK, K-5Public
B+
Bellingham Family Partnership Program
1409 18th st
bellingham, WA, 98225
K-12Public
North Bell Learning Center
5275 northwest dr
bellingham, WA, 98226
PK, KPublic
Lummi Nation School
2334 lummi view dr
bellingham, WA, 98226
K-8Public
Ferndale Virtual Academy
5830 golden eagle dr
ferndale, WA, 98248
K-12Public
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Internet available near Prospect Building - Res
Getting around Bellingham near 120 Prospect St
Walking
8/10
No car? No problem. Everything you need is within a few blocks.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 120 Prospect St, Bellingham
Groceries
9/10
At least one supermarket within a 5-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Nightlife
7/10
Several bars within a few minutes’ walk
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